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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: lifeisgood who wrote (16736)9/17/2002 7:56:10 PM
From: Tim Bagwell  Read Replies (1) of 42834
 
>>>It is likely that BB will be 83 before the QQQ are<<<

You said it! You'd think he'd send out a bulletin as the Q's bobbled around the low 50's. I mean, did he need someone to hit him over the head with a hammer? At that point, it was clear to everyone that he was wrong -- everyone but Bob that is.

And having made a bad trade on wrong assumptions, there was no reason to hang on to it. Unless you consider stupidity a reason. Especially, if you thought the bear was going to take you down further.

Bob's inaction is 10 times worse than his original action.

But no, our bad boy kept the recommendation on. So intellectual superiors who passed on his initial blunder and thought they would clean-up on a still pending CTR found that there was still plenty to loose even at 50. The CTR never materialized -- not even a twitch -- and Bob goes on as if he's oblivious to the whole thing.

Bob's trade gives a new meaning to that oft used phrase of his -- "it's a no brainer".
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